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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 416 $ 352
Accounts receivable, net 999 842
Other receivables 81 168
Inventories 1,611 1,735
Prepaid expenses and other 277 310
Assets held for sale 627 0
Total current assets 4,011 3,407
Noncurrent Assets    
Goodwill 4,480 5,094
Other intangibles, net 4,000 4,494
Other noncurrent assets 324 341
Property and equipment, net 949 1,026
Total assets 13,764 14,362
Current Liabilities    
Accounts payable 291 270
Sales rebates and discounts 356 367
Current portion of long-term debt 213 38
Other current liabilities 510 566
Total current liabilities 1,370 1,241
Noncurrent Liabilities    
Long-term debt 5,463 5,736
Deferred taxes 524 567
Other noncurrent liabilities 465 595
Total liabilities 7,822 8,139
Commitments and Contingencies
Equity    
Common stock, no par value, 5,000,000,000 shares authorized, 494,182,138 and 492,845,216 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 0 0
Additional paid-in capital 8,790 8,777
Accumulated deficit (2,306) (2,288)
Accumulated other comprehensive loss (542) (266)
Total equity 5,942 6,223
Total liabilities and equity $ 13,764 $ 14,362